NBN ISP SkyMesh snapped up by UK rural satellite company

UK-based Satellite Solutions Worldwide Group has bought Brisbane internet provider SkyMesh, giving the British company a foothold in what it believes is a growing rural broadband solutions market in Australia.

NBN satellite ground station on Macquarie Island. Source: NBN

SSW also acquired Breiband in Norway, another retail service provider that specialises in rural and remote areas.

The acquisitions of the Norwegian and Australian service providers more than doubles SSW's current customer numbers to 75,000. SkyMesh has 28,000 customers currently.

The NBN Sky Muster satellite service, which became operational in April this year, gives SSW a total potential market size in Australia of 400,000 premises, the company said.

NBN Co plans to launch its second Sky Muster satellite from the French Guiana Space Centre in South America on October 5 this year.

With a footprint covering continental Australia and the Christmas, Cocos, Lord How, Norfolk and Macquarie islands, NBN's Sky Muster service is expected to provide 25 Mbps download and 5 Mbps upload broadband via retail service providers.

NBN Co said its two Sky Muster satellites will have an aggregate capacity of 135 Gbps. 

The latest Sky Muster satellite will feature a mosaic of 700 Australians who entered NBN Co's "Blast your face into the space" competition.

SSW paid £11.7 million (A$20.4 million) for Breiband and SkyMesh, and is seeking to raise £12.1 million through the issue of new shares to fund the acquisitions.